Small bank or savings association

Small bank or savings association means a bank or savings association, excluding a bank or savings association designated as a limited purpose bank or savings association pursuant to 25.26, that had assets of less than $600 million as of December 31 in either of the prior two calendar years. The appropriate Federal banking agency adjusts and publishes the dollar figure in this definition annually based on the year-to-year change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers, not seasonally adjusted, for each 12-month period ending in November, with rounding to the nearest million.

Source

12 CFR § 25.12

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Scoping language

For purposes of this part, the following definitions apply:

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